ANAN ANAN plans to launch 17 projects, valued at Bt41.8bn. This will lift its backlog from Bt41.2bn – enough to cover revenue through next year. (Thun Hoon, 29/03/17) Comment: And the story continues the same as it has been for the past few years for ANAN, whilst the smart city story is a nice just […]
Read More →Should we be surprised that within 24 hours both Bloomberg and the Economist came out with negative news headlines and articles for the Thai military leaders? Now before I start I should state the obvious disclaimer “I love the military”, there we go, now I wont’ be invited for a cup of tea for attitude […]
Read More →AOT AOT reports 54mn passengers in the past five months, up 6.8%. It reported flights of 344,000, up 6.4%. (Kao Hoon, 28/03/17) Comment: What tourism slowdown? Â CHEWA CHEWA targets 2017 revenue of Bt2bn aided by Bt2.34bn backlog, of which 50% is expected to be booked this year. It expects 2017 net margin to hit […]
Read More →BKD BKD expects to book Bt400mn extra gain from selling land in 2Q17. It plans to ask approval from its board to pay an extra dividend. It targets 2017 revenue growth of 20%. It plans to take part in Bt1mn bids. (Kao Hoon, 27/03/17) CCP CCP expects 1Q17 performance to be good on seasonality. It […]
Read More →Well, so much for a speedy push through of infrastructure projects, the government decided to take over the SRT and redo the TOR for the inter-city dual track rail network projects that are worth an estimated ~THB 100 bn. Why? The public reason is to allow smaller firms to participate in the bidding and construction […]
Read More →It’s rather interesting to see that the dogs of the last 12 months are beginning to turn into the darlings, dare I say there could a rally in the telco sector, followed by the finanials/securities performing well?
Read More →Notable Transactions Buy(s) THB 29.5 mn N/A Sell(s) THB 352.6 mn ORI – Now why would one of the owners sell such a large block? Or who would buy the block at this price? CCN – Looks like someone else is becoming a new major shareholder in CCN
Read More →Gross is still stating the negatives of the levels of credit in the US and China. Here are my favourite snippets and the link to the rest of the letter My lesson continued but the crux of it was that in 2017, the global economy has created more credit relative to GDP than that at […]
Read More →Superboard orders SRT to cancel TOR proposals for 5 dual-track lines since the board has a better version than the SRT’s. Discussion will be held again on March 22. (IQ Biz, 21/3/17) Cabinet backs credit boost for SMEs in Bt15 bn package. THE CABINET yesterday gave the nod to the Small and Medium Enterprise Development […]
Read More →AH AH expects 2017 revenue to grow 5% from last year thanks to auto sector recovery. It expects 1Q17 performance to be good brought by numerous orders. It plans to expand abroad, with some progress in 4Q17. (Thun Hoon, 24/03/17) Comment: I’m still not impressed by this company.. COMAN COMAN expects 2017 revenue growth of […]
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